Thursday, July 23, 2009

Fans of markets say no to Obama's socialist vision

President-for-the-time being Barack Obama has now slandered doctors and cops while making it perfectly clear that he does not give a damn about the fundamental principles that have guided the United States for 233 years - through wars, economic turmoil, numerous transfers of power, and countless generations of new technology.

What matters to Obama is his vision of how things should be. That the founders carefully constructed a system through which voters and consumers would determine how things should be does not seem to interest him.

While pursuing the "transformation" of America that he threatened during his campaign, Obama mentions what has been only to point out how deeply flawed it all is.

Now, six months into his presidency Obama's transformational projects are all in trouble as more and more rank and file citizens, as well as politicians of various persuasions, are joining the campaign to stop him in his tracks.

*His bid to revamp health care, a step toward an eventual takeover of the health care industry by government, has been delayed at least until fall. Without drastic surgery, it probably will die. Polls suggest that a majority of Americans would celebrate the death.

*His cap and trade bill, designed to curtail global warming during a period of global cooling, while also raising energy costs in the United States, has become laughable now that China has publicly rejected American suggestions that it join the madness.

If Obama resumes his campaign for cap and trade, he will be supporting a crippling of American businesses in international markets while doing almost nothing to reduce carbon emissions. Those emissions might even rise, given China's plans to add a number of new coal burning power plants to its industrial base.

If Obama's health care overhaul and cap and trade bills both go down, so will his bid to socialize the American economy.

But he'll still gain something from the experience. He'll have new fodder for the thing that seems to animate him most, grievance politics. Maybe he'll accuse all of us of behaving "stupidly."

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